PPL Corporation (PPL), a utility company, delivers electricity and natural gas in the United States and the United Kingdom. The company has a track record of growing dividends and is continuing to invest to grow those earnings in the coming years. PPL Corp is a Dividend Challenger having raised dividends for 15 consecutive years. The 1-, 3-, 5- and 10-year dividend CAGRs are 8.1%, 3.7%, 2.8% and 5.3% respectively. Coupled with a current dividend yield of 3.97%, PPL has a Chowder Rule number of 6.7. This article takes a closer look at PPL Corp’s business segments, outlook and a complete dividend stock analysis.